Lowe's to Give Yet Another $100 Million in Bonuses to Employees

Rich Duprey, The Motley Fool
·1 min read
Lowe's to Give Yet Another $100 Million in Bonuses to Employees
Lowe's to Give Yet Another $100 Million in Bonuses to Employees

For the sixth time this year Lowe's (NYSE: LOW) announced it would be giving its employees $100 million in bonuses for their work during the pandemic. Lowe's says that throughout the pandemic it has hired 155,000 additional workers. "As the holiday season approaches, we're especially grateful for our front-line associates who continue to maintain the highest level of customer service, and this bonus is our way of saying thank you and providing a little extra financial support for their families during this time," CEO Marvin Ellison said in a statement.